NOT LISTED FOR SALE

5500 Ackerfield Ave Unit 317 Long Beach, CA 90805

Paramount Neighborhood

Estimated Value: $281,000 - $315,489

1 Bed
1 Bath
639 Sq Ft
$350/mo HOA Fee

Last Sold September 10, 2024

Last sale price $285,000 $446 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,020/month

5 Days on Market

Highlights

  • In Ground Pool
  • 3.97 Acre Lot
  • Colonial Architecture
  • Gated Community
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of September 2024

Priced to Sell Fast! Great Starter Condo or Investor Opportunity in North Long Beach. This charming spacious 1 bedroom 1 bath condo has an open floor plan and has one assigned parking space. The extra large master bedroom has a huge walk-in closet. Hallway has another large closet for storage. This condo boasts new large double pane windows and carpet. Bathroom has combo shower & tub. This home is located on the 2nd floor near the stairway with no neighbors above. Water & Trash is included in the HOA fee. This gated community offers a pool & on-site laundry facilities. It is conveniently located near 91 & 710 freeways, shopping, dinning & parks. Must See!

Last Agent to Sell the Property

Angela Arvanitis

First Team Real Estate Brokerage Phone: 5625445458 License #02025092 Listed on: 07/24/2024

First Team Real Estate

Last Buyer's Agent

Dennis Cid

Circle Real Estate License #02106156

Circle Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1968

Lot Details

  • Two or More Common Walls
  • Security Fence
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Colonial Architecture
  • Entry on the 2nd floor
  • Cosmetic Repairs Needed
  • Flat Roof Shape
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 639 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bar
  • Double Pane Windows
  • Courtyard Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Heating Available
  • Natural Gas Not Available
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35130
  • Assessor Parcel Number 7157012192
  • Seller Considering Concessions

Community Details

Overview

  • 114 Units
  • Hampton Condominiums Association, Phone Number (310) 217-4104
  • True Community HOA
  • Ackerfield Condos Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1968

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Ackerfield Condos (AC)
  • View: Yes
  • Well Report: No
  • Zoning: LBR4R
  • Architectural Style: Colonial
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7157012192
  • Year Built: 1968
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 639.00 Square Feet
  • Interior Amenities: Bar, Laminate Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 446.01
  • Room Type: Kitchen, Main Floor Bedroom, Primary Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Laminate Counters
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Fence: Yes
  • Fencing: Security, Wrought Iron
  • Patio And Porch Features: Concrete
  • Pool Features: Community, Fenced, In Ground
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Electric
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Trash
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Hampton Condominiums Association
  • Phone: 3102174104
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: True Community

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 172933.20
  • Lot Size Acres: 3.9700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3.9700 Acres
  • Number Of Units In Community: 114
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5706.03
  • Tax Lot: 1
  • Tax Tract: 35130
  • Tax Tract Number: 35130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 5, 2024
Sold by
Fishering Jeffrey A
Bought by
Harris Cornelius Anthony
Seller's Agent
Angela Arvanitis
First Team Real Estate
Buyer's Agent
Dennis Cid
Circle Real Estate
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Views
228
Current Estimated Value
$298,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,622
Avg. Annual Appreciation
3.39%
Original Mortgage
$270,000
Outstanding Balance
$267,139
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$31,483

Purchase Details

Closed on
Jun 18, 2010
Sold by
Martin Audrey
Bought by
Fishering Jeffrey A

Purchase Details

Closed on
Aug 18, 2006
Sold by
Barrett Wesley
Bought by
Martin Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 3, 2003
Sold by
Rojas Americo
Bought by
Barrett Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,365
Interest Rate
5.53%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 1993
Sold by
Hud
Bought by
Rojas Americo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harris Cornelius Anthony $285,000 Western Resources Title Compan
Fishering Jeffrey A $49,000 Ticor Title Insurance
Martin Audrey $195,000 United Title Company
Barrett Wesley $104,500 Commonwealth Land Title Co
Rojas Americo $40,500 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Cornelius Anthony $270,000
Previous Owner Martin Audrey $156,000
Previous Owner Barrett Wesley $101,365
Previous Owner Rojas Americo $40,000
Closed Barrett Wesley $6,270
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2024 09/10/24 Sold $285,000 +3.6% $446 / Sq Ft
07/24/2024 07/24/24 For Sale $275,000 -- $430 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,015 $285,000 $167,000 $118,000
2024 $1,015 $61,537 $31,396 $30,141
2023 $994 $60,331 $30,781 $29,550
2022 $962 $59,149 $30,178 $28,971
2021 $934 $57,990 $29,587 $28,403
2020 $915 $57,396 $29,284 $28,112
2019 $951 $56,271 $28,710 $27,561
2018 $876 $55,169 $28,148 $27,021
2016 $787 $53,029 $27,056 $25,973
2015 $748 $52,233 $26,650 $25,583
2014 $769 $51,210 $26,128 $25,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24150985

California Regional Multiple Listing Service (CRMLS)

APN: 7157-012-192